U.S. GoldMining (NASDAQ:USGO) Earns “Buy” Rating from HC Wainwright

U.S. GoldMining (NASDAQ:USGO)‘s stock had its “buy” rating restated by stock analysts at HC Wainwright in a research note issued to investors on Tuesday,Benzinga reports. They currently have a $26.50 price objective on the stock. HC Wainwright’s price target indicates a potential upside of 130.54% from the stock’s current price.

U.S. GoldMining Stock Up 5.3 %

Shares of NASDAQ:USGO traded up $0.58 during trading on Tuesday, hitting $11.50. 46,302 shares of the company were exchanged, compared to its average volume of 34,717. U.S. GoldMining has a 1-year low of $5.00 and a 1-year high of $14.46. The business’s 50 day moving average is $9.57 and its 200-day moving average is $8.18.

U.S. GoldMining Company Profile

U.S. GoldMining Inc, an exploration stage company, engages in the exploration and development of mineral properties in the United States. The company's primary asset is the 100%-owned Whistler exploration property, a gold-copper exploration project comprising mining claims totaling 53,700 acres located in Yentna Mining District, Alaska.